According to our (Global Info Research) latest study, the global Glyoxylic Acid market size was valued at US$ 238 million in 2024 and is forecast to a readjusted size of USD 331 million by 2031 with a CAGR of 4.8% during review period.
Glyoxylic acid or oxoacetic acid is an organic compound that is both an aldehyde and a carboxylic acid. Glyoxylic acid is a liquid and is an intermediate of the glyoxylate cycle, which enables certain organisms to convert fatty acids into carbohydrates.
China is the largest producer of glyoxylic acid globally. On 25 July 2024, the European Union initiated an antidumping investigation on imports of certain glyoxylic acid from China. The products subject to investigation are classified under HS code subheading 2918.30.00. This investigation follows the application lodged on 10 June 2024 by WeylChem Lamotte SAS on behalf of the Union industry. The investigation is still in progress now.
Glyoxylic acid is widely used in personal care products, particularly for hair smoothing and anti-frizz treatments. With the growing emphasis on personal grooming and beauty products, the demand for glyoxylic acid in hair care formulations is on the rise. Glyoxylic acid is also a key intermediate in the synthesis of various pharmaceuticals, including antibiotics and cardiovascular drugs. The expanding pharmaceutical industry, driven by the aging population and increasing healthcare needs globally, is fueling demand for glyoxylic acid.
This report is a detailed and comprehensive analysis for global Glyoxylic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Glyoxylic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2020-2031
Global Glyoxylic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2020-2031
Global Glyoxylic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/Ton), 2020-2031
Global Glyoxylic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glyoxylic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glyoxylic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Akema, Weylchem, Hubei Hongyuan Pharmaceutical, Qingdao Guolin Technology Group, Jiaxing Zhonghua Chemical, Taixing Yuandong Chemical, Hubei Shunhui Bio-Technology, Shijiazhuang Haosheng Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Glyoxylic Acid market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Crystal
Solutions
Market segment by Application
Aromas
Pharmaceutical
Cosmetics
Agrochemicals
Other
Major players covered
Akema
Weylchem
Hubei Hongyuan Pharmaceutical
Qingdao Guolin Technology Group
Jiaxing Zhonghua Chemical
Taixing Yuandong Chemical
Hubei Shunhui Bio-Technology
Shijiazhuang Haosheng Chemical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glyoxylic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glyoxylic Acid, with price, sales quantity, revenue, and global market share of Glyoxylic Acid from 2020 to 2025.
Chapter 3, the Glyoxylic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glyoxylic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Glyoxylic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glyoxylic Acid.
Chapter 14 and 15, to describe Glyoxylic Acid sales channel, distributors, customers, research findings and conclusion.
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